IS GROWTH STILL GOOD?

Summary from the TLDR Founders newsletter

AI companies are reaching $40-80M in revenue faster than ever, with startups like Harvey hitting $50M ARR in just three years. However, rapid growth may actually signal vulnerability - without network effects or unique tech advantages, these companies are often finding "shallow gold" that competitors can easily replicate. Metrics that used to prove success now raise questions about defensibility in a market flooded with corporate innovation budgets.